Groupon Cuts Restaurants A Better Deal

Restaurant operators won’t be part of the action when the stock of daily deal giant Groupon starts trading on Friday, Nov. 4. But they might want to take a look at the company’s new Groupon Now! service, which costs less and gives operators more control than traditional Groupon deals.
Groupon was thought to be worth $20 billion earlier this year. Now expectations are that this lofty valuation will have been cut in half by the time the company’s stock goes public. The reason: Potential ...

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